I always been telling my friends, if we had bought TM around Mar2008 after the KLCI drastic crash of 350 pts , then we would have been holding a totally free of cost stock. You can see from the dividend adjusted stock, it is adjusted till RM0.00 on Mar2008. Meaning, the dividend and the capital repayment has paid all the cost of the stock if we would had purchase around that time. And till now, even TM has been drop for weeks already, one would still have a gain of RM5.28 without using a single cent. Cool right ? Will TM still give such generous dividend or capital repayment in the next few years ?
What about her Technical Landscape? Those who like to catch Falling Knife or the Waterfall play.
Is it time ? Lets take a look on the daily chart. Seems like the bearish volume is diminishing, and the
stochastic and MACD is showing a littler sign, they want to cross-over. For those aggressive type,
one may start accumulating around this price, for those conservatives, maybe a bullish crossover would
be a good. By that time, will she be support around 5.25 or 5.00 (strong support). Lets see how the price pans out.
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